Trump Delays Tariffs Decision on EU, Canada and Mexico

The Trump administration Monday delayed a decision on whether to impose steel and aluminum tariffs on the European Union and other nations for 30 days.

The 25 percent tariff on steel and 10 percent tariff on aluminum were set to go into effect for the areas Tuesday, but the EU, Canada and Mexico will now have until June 1 to carry out further negotiations.

The administration also reached initial agreements with Argentina, Australia and Brazil, allowing them to avoid the tariffs.

Earlier in the day the EU made a last-ditch effort Monday to avoid the tariffs on European steel and aluminum.